John invested $4500.00 for 6 years at 5.4% simple interest. Determine the amount of interest John earned. Enter a numeric value only, rounded to 2 decimal places. An answer of $100 should be entered as 100.00.
John invested $4500.00 for 6 years at 5.4% simple interest. Determine the amount of interest John earned. Enter a numeric value only, rounded to 2 decimal places. An answer of $100 should be entered as 100.00.
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.54TI: In five years, Gloria’s bank account earned $2,400 interest at 5% simple interest. How much had she...
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